ftse falls further after rate call

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    By Michael Hunter and Robert Orr

    Published: April 10 2008 08:55 | Last updated: April 10 2008 12:14

    The FTSE 100 fell further on Thursday after the Bank of England cut UK interest rates in line with expectations by 25 basis points to 5 per cent. But the spectre of stubborn inflation haunted the future of monetary policy.

    The benchmark index, down 1 per cent or 57.8 points at 5,926.2, extended its losses in the immediate aftermath of the widely-anticipated move.

    BLT BHP BILLITON GBX 1732.00 -72.00 -3.99%

    RIO RIO TINTO GBX 5777.00 -223.00 -3.72%

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